The Laurens advertiser. (Laurens, S.C.) 1885-1973, 1887-06-29
Tho Cotton MOycncnt.

From the Now York Financial Chron-
lcles cotton article of last week the fol-
lowing figures are gathered relative to
the movement OF the staple during the
past week:
The total receipts reached 3,5i9 bales,
against l,032 bales last week, 1880 bales
the previous week, and 9,7GJ bales three
weeks since; making the total receipts
since the lst of September, 1886, 5, 49,
lGS bales, against ), 232, $50 bales for the
same period of 1850 Is, showing II de-
crease since September l, 1856, OF 49,
3G2 bales.
The exports for the wcckrcach total
OF SOS bales, Of which 2,SS7 were to
Great Britain, - to France, and 5.6il
to the rest of the continent.
Tho total visible upply of cotton, as
made up by cable and telegraph, for the
week is as follows:
Total of Great Britain stock SIC. 600
bales, total of continental stocks 3J2, 600
bales making a total of European stocks
OF ,262, 600 bales. The total visible
supply for the world is 1898, $40 bales
of this number l,2iG,37O are American
and 1iI go East Indian, etc.
Tho imports into continental ports
during the week wcrc $1,000 bales
These figures indicate II decrease in the
cotton III sight OF 7O,9l1 bales as 4 -su-
pared witn the same date OF 1885, MA
n decrease of $500 bales as CON tlF !
with the corresponding date os l 8S 81 4,
The rcceipEs aJ interior towns Yoi iryjc1 =
week were 2,i2l bales. Old int :, z
stocks have decreased I,G6l bales, aid
We're G2, lG4 bales less than Mt the same
period last year.
The receipts from the plantations,
being the actual movement, not includ-
ing the overland receipts nor Southern
consumption, of cotton that reached the
market through the outpors for the
week were 3,5l9 balos. The total re-
ccipts since the LIST September are ,, ISL,
BOG bales.
Cotton in sight $500, 293 bales, being
decrease, as compared with last year,
of HOOP bales.
Mr.. Ellison's cotton figures, brought
down to lst June, give the taking by
spinncrs of Great Britain 2,5ll, 900 bales
and the continent 2,G27, 900 bales, total
OF OH, 900 bales, against the total of
previous year Of i,J5S, GOO bales. The
average weight OF deliveries in Great
Britain is 40 pounds, against iJl pounds
during the same time last year Cont
mental deliveries average 1876 pounds,
against ii1 pounds last year.
In reviewing the speculation in futures
during the past week, the Chronicle says:
The speculation III cotton for future
delivery ut this market has Eccn fairly
active for the week under review, but
the course OF prices has continued quite
unsettled, besides again showing somo
lrregularlty as between the current and
the next crops. \ feature has been the
weakening OF the speculative confidence
III September deliveries, which was Mt
one time very strong. Thus on Satur-
day there was az advance Tor every
month except September and October.
On Monday IL general decline took place
III the latter dealings, due III measure
to sympathy with the coffee market, with
| which many members Of our Cotton lIX
change hold close relations. On Tues
day stcadicr opening was followed 10y
fresh decline, and then partial rccov-
cry. Wednesday the market was active,
but closed slightly easier. On Thursday
better report from Liverpool and i'm.
proved tone and values in other spccula.
tive circles gave renewed apirit to the
speculation for the rise in cotton. Fri.
day there "2s II sharp decline, with the
close mt about the lowest figures, due
again, it was almost uniform.y = admitted,
to sympathy with the decline in coffee.
Cotton on the spot has been quietcr
The purchases for Russia embraced 2, OOC
bales additional taken on Friday after
Change, making 5000 bales in ali; after
which there was fair demand for home
consumption.